Purple Haze Machine Shop is considering a four-year project to improve its production efficiency. Buying a new machine press for $542551 is estimated to result in $189712 in annual pretax cost savings. The machine is depreciated straight-line to zero over its five-year tax life, and it will have a salvage value at the end of the project of $156655. The shop's tax rate is 34 percent. What is the OCF (year 1)? (Round your final answer to the nearest dollar amount. Omit the "$" sign and commas in your response.)